Tudor Gold (CVE:TUD) Trading Down 3.5% – Here’s Why

Tudor Gold Corp. (CVE:TUD) shares dropped 3.5% during mid-day trading on Wednesday . The stock traded as low as C$0.81 and last traded at C$0.82. Approximately 111,533 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 861,692 shares. The stock had previously closed at C$0.85.

Tudor Gold Trading Down 3.5%

The company has a debt-to-equity ratio of 0.09, a current ratio of 6.58 and a quick ratio of 1.43. The company has a market cap of C$336.57 million, a price-to-earnings ratio of -82.00 and a beta of 2.18. The business has a 50 day simple moving average of C$0.91 and a 200 day simple moving average of C$1.03.

Insider Buying and Selling at Tudor Gold

In other Tudor Gold news, Director Ronald Stoeferle purchased 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was acquired at an average cost of C$0.91 per share, with a total value of C$45,500.00. Following the completion of the acquisition, the director directly owned 949,000 shares of the company’s stock, valued at C$863,590. This represents a 5.56% increase in their position. Company insiders own 40.60% of the company’s stock.

Tudor Gold Company Profile

Tudor Gold Corp., a junior exploration company, engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold, copper, silver, and other precious and base metals. Its flagship project is the Treaty Creek property covering an area of 17,913 hectares located in the Golden Triangle area to the north of Stewart, British Columbia. The company is headquartered in Vancouver, Canada.